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US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
seattlepi.com· 3 days agoThe U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest...
Top CD Rates Today, May 31, 2024 - Earn 5.40% or More for Up to 15 Months
Investopedia· 2 days agoReserve aggressively hiked the federal funds rate between March 2022 and July 2023, raising the benchmark rate to its highest level in 22 years. But since its last rate hike ...
Businesses Want To Raise Prices Further, But Customers Have Had Enough
Investopedia· 5 days agoIn a Federal Reserve report, businesses all over the country said they were having difficulty...
Mortgage 'junk fees' can add nearly $6,000 to the cost of buying a home. The Biden administration...
Morningstar· 3 days agoThe median closing costs on a mortgage to buy a home were nearly $6,000 in 2022 - and the nation's top consumer watchdog says it's planning to do something about those charges. The Consumer ...
Morning Bid: Post-break Wall Street stays pumped up
Reuters via Yahoo Finance· 6 days agoEven though Federal Reserve interest rate expectations have receded to little more than one cut over the remainder of the year, broader financial...
Why Are People So Down About the Economy? Theories Abound.
The New York Times via Yahoo News· 4 days agoThe U.S. economy has been an enigma over the past few years. The job market is booming, and...
Real Estate Sector Declines on Fed Minutes | Investing.com Canada
Investing.com· 7 days agoSuch a plunge can be explained by the Fed minutes, which show a willingness to maintain high...
Home Insurance Is Clobbering Consumers. Yet It’s Barely Counted in Inflation.
New York Times· 5 days agoJeanna Smialek, an economics reporter, reported this article from just outside Jacksonville, Fla.,...
Key bond market signal sounds inflation alarm
TheStreet via Yahoo Finance· 5 days agoThe Atlanta Fed's GDPNow forecasting tool suggests a current-quarter growth rate of 3.5%, more than double the Commerce Department's ...
Fed rate cuts face big reset on renewed inflation risks
TheStreet via Yahoo Finance· 6 days agoWith Goldman Sachs changing its Fed cut call to September, most sell-side bank forecasters and other...